The
Telegraph Media GroupTelegraph Media Group (TMG, previously the Telegraph Group) is the
proprietor of
The Daily TelegraphThe Daily Telegraph and The Sunday Telegraph. It is a
subsidiary of Press Holdings.[1]
David and Frederick BarclayDavid and Frederick Barclay acquired
the group in July 2004, after months of intense bidding and lawsuits,
from
Hollinger Inc. of Toronto, Ontario, Canada, the newspaper group
controlled by the Canadian-born British businessman Conrad Black.
In 2015, TMG made an operating profit of £51 million. Profits before
tax were £47m, and turnover for the 53 weeks up to 3 January 2016 was
£319m, according to unaudited accounts leaked to The Guardian. If
these figures are accurate, then this was an increase from 2014 levels
on both accounts.[2]
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